An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the movements of stock prices in major economies, i.e. Germany, Japan, the UK and the USA. Specifically, the cross-correlation function (CCF) approach is used to analyze the stock market. This volume provides some empirical evidence regarding the economic linkages among a group of different countries.
Chapter 2 and Chapter 3 analyze the international linkage of stock prices among Germany, Japan, the UK and the USA. Chapter 2 applies the...
An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the ...
Markov chains have increasingly become useful way of capturing stochastic nature of many economic and financial variables. Although the hidden Markov processes have been widely employed for some time in many engineering applications e.g. speech recognition, its effectiveness has now been recognized in areas of social science research as well. The main aim of Hidden Markov Models: Applications to Financial Economics is to make such techniques available to more researchers in financial economics. As such we only cover the necessary theoretical aspects in each chapter while...
Markov chains have increasingly become useful way of capturing stochastic nature of many economic and financial variables. Although the hidden Markov ...
This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only suitable for students with an interest in the field, it is also highly rec- mended for academic researchers as well as the researchers in the industry. The book focuses on the contemporary empirical techniques used in the analysis of financial markets and how these are implemented using actual market data. With an emphasis on Implementation, this book helps foc- ing on strategies for rigorously combing finance theory and modeling technology to...
This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only s...
The effects of international trade and foreign direct investment (FDI) on developing economies have always been controversial. From about the 1980s, however, the countries adopting open policies have tended to o- perform those adopting closed policies. The former, essentially the eco- mies of Asia and some countries of Latin America, have grown faster than the latter, the economies of sub-Saharan Africa. With the unstoppable spread of globalization and the supremacy of open policies over closed ones, the debate between participating and not participating in the world economy has been...
The effects of international trade and foreign direct investment (FDI) on developing economies have always been controversial. From about the 1980s, h...
Marking the 10th anniversary of the creation of the European Central Bank (ECB) and the Euro, this book analyzes the monetary policy of the ECB - the guardian of the Euro - by using developed econometric methods. It marks a substantial contribution toward understanding the significance of the Euro area.
Marking the 10th anniversary of the creation of the European Central Bank (ECB) and the Euro, this book analyzes the monetary policy of the ECB - the ...
Markov chains have increasingly become useful way of capturing stochastic nature of many economic and financial variables. Although the hidden Markov processes have been widely employed for some time in many engineering applications e.g. speech recognition, its effectiveness has now been recognized in areas of social science research as well. The main aim of Hidden Markov Models: Applications to Financial Economics is to make such techniques available to more researchers in financial economics. As such we only cover the necessary theoretical aspects in each chapter while...
Markov chains have increasingly become useful way of capturing stochastic nature of many economic and financial variables. Although the hidden Markov ...
This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only suitable for students with an interest in the field, it is also highly rec- mended for academic researchers as well as the researchers in the industry. The book focuses on the contemporary empirical techniques used in the analysis of financial markets and how these are implemented using actual market data. With an emphasis on Implementation, this book helps foc- ing on strategies for rigorously combing finance theory and modeling technology to...
This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only s...
The effects of international trade and foreign direct investment (FDI) on developing economies have always been controversial. From about the 1980s, however, the countries adopting open policies have tended to o- perform those adopting closed policies. The former, essentially the eco- mies of Asia and some countries of Latin America, have grown faster than the latter, the economies of sub-Saharan Africa. With the unstoppable spread of globalization and the supremacy of open policies over closed ones, the debate between participating and not participating in the world economy has been...
The effects of international trade and foreign direct investment (FDI) on developing economies have always been controversial. From about the 1980s, h...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering more quickly from the crisis than major advanced economies. Yet, Asian financial systems remain underdeveloped. More open and efficient financial systems continue to be a key priority for Asia s development strategy. Emerging Asian economies need to tackle the new challenges to macroeconomic and financial stability posed by financial globalization.
This book identifies the key challenges to Asia s financial development in an era of rapid...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering m...
India's financial sector has undergone significant changes following the start of the economic liberalization in the early 1990s. In addition to providing important information on monetary and financial issues in India, this book also provides examples to analyze a developing economy by using macro-financial data. The book also focuses on three main topics, that is, monetary policy, financial markets and finance-poverty nexus, and provides new insights into these issues by applying some recently developed quantitative techniques.
India's financial sector has undergone significant changes following the start of the economic liberalization in the early 1990s. In addition to provi...
